Goodricke Group Balance Sheet Health
Financial Health criteria checks 4/6
Goodricke Group has a total shareholder equity of ₹3.4B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are ₹7.7B and ₹4.3B respectively.
Key information
33.3%
Debt to equity ratio
₹1.13b
Debt
Interest coverage ratio | n/a |
Cash | ₹263.00m |
Equity | ₹3.40b |
Total liabilities | ₹4.26b |
Total assets | ₹7.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500166's short term assets (₹4.0B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 500166's short term assets (₹4.0B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 500166's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 500166's debt to equity ratio has increased from 27.3% to 33.3% over the past 5 years.
Debt Coverage: 500166's debt is well covered by operating cash flow (38.2%).
Interest Coverage: Insufficient data to determine if 500166's interest payments on its debt are well covered by EBIT.